Bitcoin is not as viable for Venezuela’s reserves, economists say

María Corina Machado’s proposal to integrate bitcoin (BTC) as a national strategic reserve asset in Venezuela has been one of the most relevant news within the ecosystem. This is not only because it is the first time that the opposition leader has spoken about digital currency, but also because it is a proposal that is … Read more

“Economic collapse is closer than you think”: Spanish analysts

Key facts: Lacalle invites us to understand how the increase in the deficit impoverishes citizens. Europeans face an uncertain and expensive future, says Marc Vidal. “It is essential to prepare for the monetary destruction that is coming, which is much greater than what we have experienced in previous years,” warns economist Daniel Lacalle. The Spanish … Read more

Several indicators point to the rise of bitcoin, discover them in the news summary

Key facts: “Bitcoin is going to $180,000, it’s inevitable,” says David Battaglia. Bitcoin ETFs are driving the price towards $60,000 This week, the price of Bitcoin (BTC) has been slowly recovering, after touching the $52,000 mark last week. So far, most scenarios point to the digital currency’s value breaking the $60,000 mark again, although there … Read more

UK court recognises USDT as a “distinct form of property”

Key facts: Since 2023, the United Kingdom recognizes the Bitcoin ecosystem as a financial activity. The court considers that USDT can constitute property, as is the case with other assets. The UK High Court has officially recognised USDT, the stablecoin of Tether Limited, as a form of property. In a court document In the case … Read more

From football to agriculture, tokenization is advancing in Argentina and Latin America

The tokenization of real-world assets (RWA) is advancing more and more rapidly in Argentina, Brazil and the rest of Latin America. In this context, industry representatives analyzed the possibilities offered by cryptocurrency networks to democratize real estate transactions up to percentages of football player transfers. During the Modular Summit 2024 Conference, held by the Ripio … Read more

Solana token is having a “Binance moment,” says investment firm

Key facts: DRIFT is trading for around $0.67 at the time of writing. Analysts have mixed opinions on the project. Drift (DRIFT), a governance token of the eponymous decentralized exchange built on the Solana network, has caught the attention of some analysts and investors, including Multicoin Capital, a digital asset investment firm. This company claims … Read more

Binance has registered as a bitcoin service provider in Argentina

Key facts: Binance’s registration was made to make the platform suitable for cryptocurrency laundering According to new regulations, exchanges must register with the CNV. BinanceBinance, the world’s largest cryptocurrency exchange, has registered its international company in Argentina. The registration, effective and visible in the public registry of Virtual Asset Service Providers (PSAV) on the website … Read more

ABDS token is available for trading on 3 major cryptocurrency exchanges

ABD Systems, a recognized leader in IT solutions and the parent company of the recently launched ABDS token, is pleased to announce that the ABDS token has been officially listed on three major crypto exchanges. ABDS is an innovative cryptocurrency designed to transform digital finance by making it more accessible, secure, and easy to use. … Read more

Ripio to launch cryptocurrency credit card in Argentina and Brazil

Key facts: The waiting list to apply for the card is now open. Serrano, CEO of Ripio, expects the launch to take place in October. Gravela bitcoin (BTC) and cryptocurrency exchange founded in Argentina, announced the launch of a Visa credit card for users in Argentina and Brazil. This works through decentralized finance (DeFi) without … Read more

34 countries flirt with BRICS as de-dollarization plans move forward

Within the framework of the de-dollarization efforts being undertaken by the group of countries that make up the BRICS alliance (initially made up of Brazil, Russia, India, China and South Africa), the establishment of a joint payment mechanism – which facilitates international trade – will be one of the key issues to be discussed at … Read more